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Juniper (JNPR) Stock Jumps 21.8%: Will It Continue to Soar?
Zacks Investment Research· 2024-01-10 11:01
Juniper Networks (JNPR) shares rallied 21.8% in the last trading session to close at $36.81. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.9% gain over the past four weeks.Juniper has inked an agreement with Hewlett Packard Enterprise, under which the latter will acquire the former in an all-stock deal of $40.00 per share valued at approximately $14 billion. The merger accentuates Hewlett Packard’s portfo ...
HPE to buy Juniper Networks in $14B deal
Proactive Investors· 2024-01-10 00:02
About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...
HPE to acquire Juniper Networks for $14 billion
CNBC· 2024-01-09 22:50
Hewlett Packard Enterprise said in a statement on Tuesday that it plans to buy data center networking hardware maker Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal.The announcement came a day after the Wall Street Journal reported on HPE's interest in buying Juniper. Juniper shares had their best day in 20 years on Tuesday after the Wall Street Journal report, which said a deal could be announced this week. The shares jumped 22% to close at $37.05.HPE said the deal would be ac ...
S&P 500 Gains and Losses Today: Juniper Networks Soars Amid Acquisition Talks
Investopedia· 2024-01-09 22:10
The S&P 500 lost 0.2% on Tuesday, Jan. 9., 2024, as Monday's tech rally lost momentum amid concerns about demand.Juniper Networks shares soared after reports that Hewlett Packard Enterprises was in talks to buy the networking equipment provider.Shares of Eversource Energy tumbled as it announced an impairment charge related to some of its U.S. wind energy projects.The S&P 500 fell 0.2% on Tuesday as Monday's tech rally lost momentum amid concerns about demand and the energy sector lost ground. The Dow fell ...
Juniper (JNPR) Reportedly to be Acquired by HP Enterprise
Zacks Investment Research· 2024-01-09 17:02
Juniper Networks, Inc. (JNPR) is reportedly in advanced discussions for a potential acquisition by Hewlett Packard Enterprise (HPE) . Sources, per a Wall Street Journal report, indicate that the estimated value of this agreement could reach approximately $13 billion. Citing sources familiar with the matter, the deal could be announced as soon as this week. However, as of now, neither party has issued any official comments on this issue.Juniper offers an extensive array of routing, switching and network secu ...
3 Charts For Investors to Watch Tuesday: Juniper Networks, Microchip Technology, Bitcoin
Investopedia· 2024-01-09 14:05
Key TakeawaysThe Juniper Networks share price may run into resistance around $38 near the March 2022 swing high.Microchip shares trade above the 50- and 200-day moving averages, but remain oscillating within a 22-point trading range.Bitcoin has broken above a month-long period of consolidation, following two impulsive moves higher over the past three months.Here's our daily look at three charts linked to recent news-driven price moves, with important technical levels to monitor. Juniper Networks, Inc. So ...
Juniper (JNPR) Boosts Wireless Network Connectivity in Taiwan
Zacks Investment Research· 2024-01-04 17:02
Juniper Networks Inc. (JNPR) recently announced that National Chi Nan University (NCNU), a prominent academic institute in Taiwan, has deployed Juniper’s AI-driven wireless solution suite to provide uninterrupted network connectivity for the students.NCNU’s long-term goal is to build an AI-powered digital infrastructure, ensuring consistent high-speed network connections across the campus. To achieve this, NCNU opted to install Juniper AP43 wireless Access Points integrated with Mist Cloud architecture. The ...
National Chi Nan University Selects Juniper Networks AI-driven Wireless Solutions to Empower a Transformative Digital-led Campus
Businesswire· 2024-01-04 03:00
TAIPEI, Taiwan--(BUSINESS WIRE)--Juniper Networks® (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that National Chi Nan University (NCNU) has implemented Juniper’s AI-driven wireless solutions. With Juniper’s Access Points driven by Mist AI™, NCNU is able to provide a seamless wireless network experience for its students and staff while delivering on its vision of becoming an AI-integrated university. With enrollment averaging around 6500 students each year and over 700 faculty membe ...
Arirang TV Taps on Juniper Networks to Enhance Its Global Reach and Showcase South Korea to Millions of Households Across the World
Businesswire· 2023-12-27 02:00
SEOUL, South Korea--(BUSINESS WIRE)--Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Arirang TV, an international English language broadcasting network based in South Korea, has deployed multiple networking upgrades from Juniper Networks® QFX Series Switches and EX Series Switches, in support of their mission to showcase South Korea’s values, culture and arts to a global audience. Established by the Korea International Broadcasting Foundation in 1996 to promote a ...
Juniper Networks(JNPR) - 2023 Q3 - Earnings Call Transcript
2023-10-27 00:53
Juniper Networks, Inc. (NYSE:JNPR) Q3 2023 Earnings Call Transcript October 26, 2023 5:00 PM ET Company Participants Jess Lubert - Head of IR Rami Rahim - CEO Ken Miller - CFO Conference Call Participants Amit Daryanani - Evercore Michael Ng - Goldman Sachs Samik Chatterjee - JPMorgan Alex Henderson - Needham Simon Leopold - Raymond James David Vogt - UBS George Notter - Jefferies James Fish - Piper Sandler Karl Ackerman - BNP Paribas Atif Malik - Citi Meta Marshall - Morgan Stanley Tal Liani - Bank of Amer ...